Posts Tagged "andrew gazdecki"

There is a disturbing trend lately of SaaS companies going public before they show a profit. (I’m looking at you, Eloqua and Marketo). And what’s worse, the problem is systemic. In fact, in an article for Venture Beat, Jason Cohen clearly sets forth why a typical SaaS company that serves enterprise customers can take four years to produce even a 2.5% profit! If you want to dig into the numbers behind the trend, the gory details...

Andrew Gazdecki is the founder and CEO of Bizness Apps, a do-it-yourself iPhone app platform that allows small businesses to easily create, edit, and manage an iPhone app online without any programming knowledge needed. He is 22, attending CSU Chico full time pursuing a Business Marketing degree, and will graduate in the Spring of 2011. What are you working on right now? Bizness Apps all damn day. Twelve hour days in the office,...

There’s been a lot of talk as of late regarding young entrepreneurs and the paths available to them; PayPal cofounder Peter Theil is going as far as to give 20 teams of entrepreneurs under 20 a two-year $100,000 fellowship on which to fund their next big ideas. Unfortunately, there simply aren’t that many investors out there to fund ideas from mostly unproven young adults, so it remains up to the entrepreneur to do it on their own....